Costain Group PLC announces Mr. Bishoy Azmy is to step down from the Board of Costain with effect from 31 March 2024. Mr. Azmy is the designated Board representative of ASGC, a Dubai-based construction conglomerate and 15% shareholder in the Company, and was appointed to the Board as a non-independent non-executive Director in June 2020. The relationship agreement between ASGC and the Company, which was put in place at the time of the equity raise in May 2020, is unaffected by Mr. Azmy stepping down from the Costain Board.